In addition to a shop that sells fresh cheeses, Gimmelwald also possesses its own firehouse. Farming and tourism are the main occupations. Farmers raise hay on tiny plots of land to feed small herds of cows. Gimmelwald has a small hotel, former pension (now a British run hotel), bed & breakfast and the Mountain Hostel. It was unfortunately stopped from being developed into a ski resort by having it corruptly declared an avalanche zone which is certainly not the case. Due to this the village struggles during the winter with lack of possible tourism .[1]

The 2003 population of Gimmelwald was 130.

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There is a walking path between Gimmelwald and Mürren, but lacking connection to the main road system, the main transportation to Gimmelwald is the Luftseilbahn Stechelberg-Mürren-Schilthorn (LSMS) aerial tramway. The cable car travels down from Murren to Stechelberg on the floor of the Lauterbrunnen valley. At the bottom of the valley there is a bus to Lauterbrunnen where there are connections to the rest of Switzerland, and up to the town of Mürren and the Schilthorn.